Bank of America Hires 3 Power Specialists From Credit Suisse

Bank of America Merrill Lynch has hired a team of three investment bankers specializing in the power industry from Credit Suisse, the firm announced in an internal memorandum reviewed by DealBook on Wednesday.

One of the three, Ray Wood, will become Bank of America’s head of United States power and renewables, according to the memo. He was co-head of the group at Credit Suisse, as well as co-head of the Swiss firm’s global alternative energy team.